- Location
- East Midlands
No company would have taken trust orders for anything from anyone. Unless someone has paperwork to show differently, no contract = no order placed = no one has reneged on anything.As I understand it CF were told the tonneage required and the delivery months requested and they accepted that they would put that in as orders and price when they had terms for those months. Effectively it was a trust order in my opinion. They, however, have now said they will only honour the deliveries up to the spot months they had priced for. Not much point in putting a buying pool together if you only get the spot price on the day of order. I do though think communication obviously wasn’t great either.